What Is A CFA?
wall street loves acronyms, and cfa is one that investors will encounter often. cfa stands for chartered financial analyst and it signifies that a person has past a series of tests ? certain level of experience in the financial markets. to become a cfa chartered holder, a person must pass three exams that thoroughly cover a range of subjects including economics, ethics, equities, fixed income, options and accounting. the level one exam ? around the world in june and december and level two and three exams are held only in june. in addition, ? must have four years of real life hands-on experience in the financial services industry. but this qualification is known to change. the cfa designation was created with the intention of allowing financial professionals to distinguish themselves based on demonstrated knowledge, experience and adherence to ? ethical principals. in many cases, the testing requirements for the cfa designation go beyond most mba programs. all the ethical standards of ? organization are ? in excess of the legal requirements for the industry. having a cfa designation does not guarantee that a particular analyst, manager, ? or financial professional is automatically superior than a peer without designation. in fact, it is against the ethical code of the cfa institute for a member to make that point. what the cfa designation does indicate is that the person is serious about his career in the financial services industry. ? to build his knowledge and competence and has a personal stake ? conducting business ? ethical fashion.